OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

LEAP INTO HOPE

UNAUDITED TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Charity number: 1179813

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Table of contents
Administrative and management details 2
Trustees report 3-7
Independent examiner’s report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 -15

1

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Administrative and management details

Trustees

Marry Mukutuma

Fani Mukutuma

Teresa Junic Shumba

Josphine Concepta Kasujja

Debra Vimbai George

Charity registered number:

1179813

Principal Office

28 Rothbrook Drive, Kennington, Ashford, Kent TN24 9PR

Bankers:

Barclays PLC, 90/92 High Street, Crawley, West Sussex, RH10 1BP

2

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the year ended 31 March 2024

The Trustees present their annual report together with the financial statements of LEAP INTO HOPE, a charitable incorporated organization (the “Charity”) for the year ended 31 March 2024. The trustees confirm that the annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) – “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).

Structure, Governance and Management

Method of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are appointed by the existing Charity Trustees under the terms of the Charity constitution.

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied those systems and procedures are in place to mitigate the exposure of the Charity.

Objectives and Activities

Policies and Objectives

The objectives of the Charity are the prevention or relief of poverty in deprived areas across the world in particular but not exclusively by, providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient and advance Christian religion.

The advancement of Christian religion is achieved by means of broadcasting Christian messages, use of media, holding meetings, producing and or distributing literature on Christianity and advancing knowledge of the Christian beliefs and practices of the Christian faith.

3

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2024 (cont’d)

Going Concern

The Trustees have considered the financial resources and commitments of the Charity and acknowledge that the Charity’s financial resources are dependent on donations and fund raising activities of the Charity’s management. After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for a foreseeable future. For this reason they continue to adopt the going concern basis in preparing the Charity’s financial statements.

Review of activities

Leap into hope was registered on 5 September 2018.

Prevention and relief of poverty

During the period covered with this report, Leap into Hope (“LIH”) continued to work on its two objects of preventing or relieving poverty and advancing Christian religion. The charity continued to prevent or relieve poverty using a multifaceted approach including the child sponsorship program and donating aid. LIH has ensured that aid goes to the intended beneficiaries. During the period covered by this report LIH achieved its objects. The focus this year was Zimbabwe and Kenya.

Child sponsorship program

The child sponsorship program has continued to be a success. One of the young people secured a university place following successfully completing and passing her A’ Levels. She started receiving sponsorship when she was in primary school. This year the charity received £4,752 (2023: £4,597) towards the child sponsorship program. The total expenditure was £5,017 (2023: £4,551). 18 children benefitted (2023:15), 6 in primary school (2023:7) and 12 (2024:8) in secondary school. The schools have continued to identify the children in need of sponsorship. The children receive sponsorship towards their school fees, uniforms, and stationery. 3 of the children met their sponsors as they were visiting Zimbabwe. They were able to spend time and had a meal together. Some sponsors have continued to also donate towards the cost of food and other day-to-day supplies for the families. The charity continues to receive positive feedback from the beneficiaries, guardians, and the schools regarding the difference the sponsorship is making. The charity supports the sponsors and the children in exchanging letters and photographs. The sponsors and children really appreciate this, and this really helps in building connections.

This year LIH supported other children through donation of aid. LIH donated items such as toothbrushes, pens, pencils, colouring pencils, scientific calculators, tennis balls, skipping ropes in primary schools with items such as sanitary pads and scientific calculators going to the secondary schools. 2 trustees visited Zimbabwe and were able to speak with the teachers and children. LIH targeted 5 schools, 3 of which are primary and 2 are secondary. One of the schools received the visit for the first time. From the different conversations one of the headteachers explained that some children will go for the whole term without being able to write anything because they cannot afford a 25p worth of an exercise book. The total towards education costs for LIH this year was £927.52. In a nation like Zimbabwe, education can be a longer-term solution to tackle poverty otherwise the children will be trapped in cycles of poverty.

4

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2024 (cont’d)

Child sponsorship program (cont’d)

LIH has continued to work with local partners such as schools and organisations to identify the most vulnerable children in need of sponsorship and education support. LIH trustees who visited the schools had an opportunity to meet all the children on the sponsorship program and saw the impact of the program

Tackling hunger and poverty

This year LIH focused on the nation of Zimbabwe. £2,443.71 (2023: 2,902.37) went towards Zimbabwe activities. £698.75 (2023: £627.50) went towards field costs. LIH donated 50 food hampers 40 through 2 primary schools, 2 through secondary school and 10 through Jordan Empowerment in Kwekwe. The 10 food hampers that were donated via Jordana Empowerment were restricted to 5 orphans and 5 widows. 40 of the food hampers were donated to children living in abject poverty. Food donations and supplies in the year were distributed in Kwekwe, Zvimba and Buhera. The food hampers had basic needs such as cooking oil, meal mealie, sugar, rice, salt etc. LIH visited Mary Ward Children’s Home in Kwekwe and donated various supplies such as day to day supplies, food like peanut butter, flour, bathing supplies, kitchen utensils, crockery, etc. The impact of this initiative was significant taking into consideration the economic situation of Zimbabwe.

Period poverty is one of the main challenges that girls living in poverty face. In Zimbabwe period poverty is still very prevalent with many schoolgirls being unable to afford pads and missing school. LIH donated pads to one of the secondary schools.

LIH donated a defibrillator to Gutu Mission Hospital. LIH donated food supplies to Buhera hospital as they needed food for the patients. The state of Zimbabwe’s health system has significantly changed with some hospitals running without adequate equipment. In the face of rising needs, the healthcare budget is chronically underfunded, and stocks of essential medicines, diagnostics and supplies have been hugely affected. The hospital that LIH donated the defibrillator is a district hospital serving a population of 250, 000 as the hub for the District Health services. It receives referrals from 30 surrounding primary health care facilities who are dependent on this hospital for complicated cases. The staff there are hardworking, however the services delivered are restricted by lack of equipment or unserviceable and unreliable equipment.

Due to other priorities this year LIH did not make any donations towards the feeding programs though the need is still there.

Advancing Christian religion

The TV and radio programs are both doing well and are receiving very good feedback from the viewers and listeners. The charity spent £3,083(2023: £1,456) towards the costs of a weekly Christian Sayare TV program in Eldoret and radio program aired in Turkana County in Kenya. LIH continues to receive very good feedback.

Administration costs

£927(2023: £1,005) went towards administration costs such as insurance, website etc.

5

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ report for the for year ended 31 March 2024 (cont’d)

Outlook for 2025

The charity's aim in 2025 is to continue to prevent and relieve poverty through various activities including the child sponsorship program in Zimbabwe and supporting the spread of Christian religion.

Financial review

Reserves Policy A reserve of 3 months’ expenditure amounting to £300 is considered adequate. The balance carried forward is in excess of this figure.

6

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Trustees’ Responsibility Statement

The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with the applicable law and the United Kingdom Generally Accepted Accounting Standards (UK GAAP).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of such resources in that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time, the financial position of the Charity and enable them to ensure the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and Provisions of the Trust Deed. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Board of Trustees on 25 January 2025 and signed on their behalf by:

Marry Mukutuma, Chair

7

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Independent Examiner’s report for the year ended 31 March 2024

This is a report solely to the Board of Trustees of LEAP INTO HOPE for the year ended 31 March 2024. This report is prepared in accordance with section 145 of the Charities Act 2011 and the regulations made under section 154 of that Act. My work has been undertaken so that I might state to the Charity’s Board of Trustees those matters I am required to state to them in an Independent examiner ‘s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Board of Trustees for my work and for this report.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Acct 2011 (the Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes considerations of any of the unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the review is limited to those matters set out in the statements below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Signed: Nyasha Dhitima CA(Z)

Dated: 25 January 2025

8

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Statement of Financial Activities (incorporating the income and expenditure account) for the year ended 31 March 2024

(expressed in GBP) Notes 2023
2024
Restricted
funds
Unrestricted
funds
Total
funds
Total
funds
£
£
£
£
Income resources
Incoming resources from generated funds:
Incoming resources from charitable
activities
2
Total incoming resources
Resources expended
Charitable activities
3
Governance costs
Total Resources expended
Movement in total funds for the year
- net income/(expenditure) for the
year
Resources brought forward
Total funds at 31 March
5; 6		 4,752
10,009
14,761
24,780
4,752
10,009
14,761
24,780
(5,017)
(8,705)
(13,722)
(23,471)
-
(1,000)
(1,000)
(1,000)
(5,017)
(9,705)
(14,722)
(24,471)
(265)
304
39
309
1,091
122
1,213
903
826
426
1,252
1,213

The notes on pages 11 to 15 form part of these financial statements

9

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Balance Sheet as at 31 March 2024

(expressed in GBP)
Notes		 2024
2023
Current assets
Donated goods
4
Cash
Creditors: amounts falling due within one year
Net Assets
6
Charity Funds
Restricted Funds
5; 6
Unrestricted Funds
5; 6
Total Funds		 £
£
-
-
1,252
1,213
1,252
1,213
-
-
1,252
1,213
826
1,091
426
122
1,252
1,213

The financial statements were approved by the Board Trustees on 25 January 2025 and signed on

its behalf by:

Marry Mukutuma, Chair

The notes on pages 11 to 15 form part of these financial statements

10

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2024

Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.3 Income resources

All incoming resources are included in the Statement of financial activities when the Charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost bone by a third party.

1.4 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all the costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated in a basis consistent with the use of the resources.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment, but not accrued as expenditure.

11

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)

2. Incoming resources from charitable activities

2023
2024
Restricted
funds
Unrestricted
funds
Total
funds
Total
funds
Charity incoming resources
- Feeding program donations
- Child sponsorship donations
- Other restricted donations
- General donations
- Donations in kind
Total incoming resources		 £
£
£
£
-
-
-
-
4,752
-
4,752
4,597
-
-
-
500
-
9,009
9,009
18,683
-
1,000
1,000
1,000
4,752
10,009
14,761
24,780

Included in general donations in kind, is £1,000 (2023: £1,000) related to governance costs for the independent review of the charity financial records.

3. Direct Costs

2024
2023
For the year ended
Restricted expenses
Non restricted expenses
Governance costs
Total		 £
£
5,017
6,008
8,705
18,463
1,000
1,000
14,722
25,471

During the year, no Trustees received any remuneration (2023: £nil). Additionally, no Trustees received any benefits in kind (2023: £nil). During the year, Trustees received re-imbursement of expenses amounting to £500 (2023: £nil).

12

CHARITABLE INCORPORATED ORGANISATION

LEAP INTO HOPE

Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)

3. Direct cost (cont’d)

Direct costs are broken up as follows:

2024
2023
For the year ended
£
£
Restricted expenses
- Child Sponsorship - Education, food and other supplies
- Advancing Christian religion
Total
Unrestricted expenses
- Charity administration costs
- General donations (medical equipment, food supplies, and aid)
- Service charges
- Governance costs
Total		 5,017
4,551
-
1,456
5,017
6,008
927
1,005
7,153
16,229
624
229
1,000
1,000
9,705
18,463

13

LEAP INTO HOPE

CHARITABLE INCORPORATED ORGANISATION

Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)

4. Donated goods

2024
2023
Goods in Transit
Donated goods
Balance as at 31 March		 £
£
-
-
-
-
-
-

As at 31 March 2024, goods worthy £nil (2023: £nil) were in storage awaiting distribution.

5. Summary of Funds for the year ended 31 March 2024

Restricted
Funds
General
Funds
Total
Balance as at 1 April 2023
Incoming resources
Resources expended
Balance as at 31 March 2024		 £
£
£
1,091
122
1,213
4,752
10,009
14,761
(5,017)
(9,705)
(14,722)
826
426
1,252
Restricted
Funds
General
Funds
Total
Balance as at 1 April 2022
Incoming resources
Resources expended
Transfer from Unrestricted Funds
Balance as at 31 March 2023		 £
£
£
323
581
903
5,097
19,683
24,780
(6,008)
(18,463)
(24,471)
1,679
(1,679)
-
1,091
122
1,213

14

CHARITABLE INCORPORATED ORGANISATION

LEAP INTO HOPE

Notes to the Financial Statements for the year ended 31 March 2024 (cont’d)

6. Analysis of Net Assets between Funds

Restricted
Funds
General
Funds
Total
Current assets
Creditors falling due within one year
Balance as at 31 March 2024		 £
£
£
827
426
1,252
-
-
-
827
426
1,252
Restricted
Funds
General
Funds
Total
Current assets
Creditors falling due within one year
Balance as at 31 March 2023		 £
£
£
1,091
122
903
-
-
-
1,091
122
903

15